Close Menu

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    What's Hot

    Blakk Rasta speaks again amid Shatta Wale lawsuit saga

    JPMorgan predicts gold could hit $8,000 per ounce

    Stunning Epstein twist as Ghislaine Maxwell claims 29 friends cut ‘secret deals’ with DOJ

    Facebook X (Twitter) Instagram
    • Lifestyle
    • Africa News
    • International
    Facebook X (Twitter) Instagram YouTube WhatsApp
    PapaLincPapaLinc
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports
    Subscribe
    PapaLincPapaLinc
    You are at:Home»News»MDAs must obtain new commitment authorisation for 2026 spending
    News

    MDAs must obtain new commitment authorisation for 2026 spending

    Papa LincBy Papa LincJanuary 29, 2026No Comments2 Mins Read0 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    MDAs must obtain new commitment authorisation for 2026 spending
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    Deputy Minister for Finance, Thomas Nyarko Ampem Deputy Minister for Finance, Thomas Nyarko Ampem

    The Deputy Minister for Finance, Thomas Nyarko Ampem, has directed all Ministries, Departments, and Agencies (MDAs) to obtain fresh Commitment Authorisations for all expenditure in 2026, explaining that authorisations granted in 2025 have expired and are no longer valid for this year’s procurement activities.

    Addressing Chief Directors, Heads of Covered Entities, and Chief Executives of Public Institutions at a meeting on the modalities for Commitment Authorisation for 2026, the Deputy Minister stressed that all spending in 2026 must strictly remain within approved budgetary ceilings.

    Ampem, who is also the Member of Parliament for the Asuogyaman Constituency, announced a new two-week turnaround target for the Ministry of Finance to process and approve Commitment Authorisation requests, provided all required documentation is properly submitted.

    BoG lowers policy rate from 18% to 15.5%

    To streamline the approval process, he directed that all future requests should be routed through the relevant Sector Ministers. However, to minimise bureaucratic delays, MDAs have been instructed to submit copies of their applications directly to the Ministry of Finance, which will commence processing while awaiting formal referral.

    The Deputy Minister further clarified that MDAs with ongoing projects from 2025, where contracts have been awarded but payments remain outstanding, must fully disclose these commitments. Such obligations, he said, will be treated as a first charge on their 2026 budgets before any new expenditure is approved.

    Explaining the rationale behind the Commitment Authorisation system, Ampem noted that it was introduced to prevent public institutions from committing the state to projects without approved budgetary allocations.

    He observed that in the past, substantial financial commitments were undertaken without the knowledge of the Ministry of Finance, contributing significantly to the country’s rising public debt.

    He emphasised that strict enforcement of these measures is critical to curbing unauthorised spending and forms part of a mandatory framework aimed at restoring budgetary discipline and ensuring debt sustainability under Ghana’s IMF-supported programme.

    “If this country had respected the budget and committed the state only when funds were available, we would not have found ourselves where we are today,” he said.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleGreat Ormond Steet surgeon harmed nearly 100 children, report finds -as victim says bungled op left him in ‘horrifying’ pain
    Next Article ‘I was helpless’ – Kwabena Kwabena recounts heartbreak that inspired ‘Mene Woa’
    Papa Linc

    Related Posts

    JPMorgan predicts gold could hit $8,000 per ounce

    January 29, 2026

    Stunning Epstein twist as Ghislaine Maxwell claims 29 friends cut ‘secret deals’ with DOJ

    January 29, 2026

    ‘I deserved the 2025 Ballon d’Or’

    January 29, 2026
    Ads
    Top Posts

    Secret code break that ‘solved’ the Zodiac killer case: Expert who unmasked single suspect behind two of America’s darkest murders tells all on bombshell investigation

    December 24, 2025112 Views

    Here’s why Ghana Airways collapsed in 2004

    November 5, 202454 Views

    Night Of The Samurai Grand Arrivals Gallery » December 23, 2025

    December 24, 202552 Views

    A Plus questions the hypocrisy of NPP members who remained silent about corruption for 8 years, only to speak out after losing power.

    December 26, 202452 Views
    Don't Miss
    Entertainment January 29, 2026

    Blakk Rasta speaks again amid Shatta Wale lawsuit saga

    Blakk Rasta has been sued by Shatta Wale for GH¢100,000,000 Popular reggae musician and social…

    JPMorgan predicts gold could hit $8,000 per ounce

    Stunning Epstein twist as Ghislaine Maxwell claims 29 friends cut ‘secret deals’ with DOJ

    ACHIMOTA SCHOOL HOSTS INTER SCHOOL ALUMNI TENNIS COMPETITION

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • WhatsApp

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    Ads
    About Us
    About Us

    Your authentic source for news and entertainment.
    We're accepting new partnerships right now.

    Email Us: info@papalinc.com
    For Ads on our website and social handles.
    Email Us: ads@papalinc.com
    Contact: +1-718-924-6727

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    Blakk Rasta speaks again amid Shatta Wale lawsuit saga

    JPMorgan predicts gold could hit $8,000 per ounce

    Stunning Epstein twist as Ghislaine Maxwell claims 29 friends cut ‘secret deals’ with DOJ

    Most Popular

    OK Frimpong reveals why he ‘singlehandedly’ sponsored Medikal’s O2 Ingido (London) occasion

    October 18, 20240 Views

    Emma Heming Willis shares family photos as daughter Mabel turns 11

    October 18, 20240 Views

    Seven dead after ferry dock gangway collapses on Georgia’s Sapelo Island

    October 20, 20240 Views
    © 2026 PapaLinc. Designed by LiveTechOn LLC.
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.